Hey all, I've been banging my head against this same issue on a work computer (Surface Laptop Studio w/Win11 23H2, latest firmware, intel wifi ax200). My problem occurred when the battery completely are almost completely drained and went into sleep mode. Unfortunately for me, this computer (per company policy) had bitlocker enabled. So when the wifi would disappear, it would not come back after a reboot. The system thought the wifi adapter was disconnected however it still recognized the bluetooth adapter which I'm fairly certain is part of the wifi device. At first we figured it was a hardware failure but after a complete rebuild, the wifi started working again. I gave the laptop back to the executive and 3 days later they brought it back with the same issue, wifi disappeared and nothing seemed to bring it back. I had tried several things including uninstalling the device, sfc /scannow, dism, etc etc, but then decided to turn off bitlocker (not suspend) and disable bios security. I then toggled the bluetooth/wifi option in bios, rebooted, and wifi reappeared. I then kept testing and got it to fail/disappear again after a power drain/sleep mode and then brought it back through same process described above. After some research, I stumbled across an idea. The bluetooth device in device manager was set to turn off to save power. The wifi device by default I believe was not set to turn off to save power in a low battery/sleep mode situation (sleep on wowlan disconnect was set to disabled in the advance tab under properties of the wifi device). So I unchecked the bluetooth option to automatically turn off device to save power and went through tests of power draining/sleep mode and I can't get the wifi to disappear. My theory is since the wifi and bluetooth are parts of the same physical device, windows was turning off one but not the other in the OS and created a conflict where the wifi disappeared (disconnected from windows perspective) but windows didn't think it turned it off and that it was disconnected physically. Since bitlocker and bios security have tentacles into hardware, that made my situation even more complicated with bringing it back... Anyway, hopefully this helps with this super annoying situation.
MICROSOFT - please update your power management options and recognize when a device is shared and turn off both if one is selected to turn off for power saving in order to prevent the conflict. Thank you for listening. :)